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China Telecom Completes Purchase of Unicom CDMA Network

October 2 2008 - 6:00 am ET | cellular-news

China Telecom says that it has completed the $6.4 billion purchase of China Unicom's CDMA network. China Unicom is now free to complete its own purchase of landline operator, China Netcom - as part of the government mandated restructuring of the industry.

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